Americans owe a dangerous amount of credit card debt -- and it could have serious consequences

Americans are increasingly charging purchases to credit cards — and letting their balances grow to dangerously high levels, according to a new report by CardHub.com. The average household with credit card debt now carries a balance of $7,879, the highest amount since the Great Recession and just $500 less than the unsustainable tipping point defined by CardHub. Continued growth in balances at this rate could lead to rising default rates and a tightening of credit availability. By the end of 20...